Maywood Acquisition Stock Price, News & Analysis

Maywood Acquisition Corp., historically trading on the Nasdaq Global Market under the symbol MAYA, is a Cayman Islands exempted company formed as a blank check company. As described in its public disclosures, it was created for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar initial business combination with one or more businesses or entities. In line with its structure as a special purpose acquisition company (SPAC), its units, ordinary shares and rights were listed on Nasdaq under the symbols MAYAU, MAYA and MAYAR, respectively.

The company completed an initial public offering of units listed as MAYAU on Nasdaq. Each unit consisted of one Class A ordinary share and one right entitling the holder to receive one-fifth of one Class A ordinary share upon completion of the company’s initial business combination, subject to adjustment. According to its disclosures, Maywood Acquisition Corp. is organized in the Cayman Islands and has been classified as an emerging growth company under U.S. securities laws.

Blank check and SPAC structure

As a blank check company, Maywood Acquisition Corp. did not have an operating business at the time of its offering. Instead, its stated objective was to identify and consummate an initial business combination. Its securities structure included:

• Units (MAYAU), each consisting of one Class A ordinary share and one right.
• Class A ordinary shares (MAYA), par value $0.0001 per share.
• Rights (MAYAR), each right entitling the holder to receive one-fifth of one Class A ordinary share upon completion of the initial business combination.

These elements, together with a trust account funded from the proceeds of the initial public offering and related private placements, are typical features of a SPAC capital structure as described in the company’s filings and press releases.

Business combination with GOWell Technology Limited

In an 8-K filing, Maywood Acquisition Corp. disclosed that it entered into a Business Combination Agreement with GOWell Technology Limited, GOWell Energy Technology ("PubCo") and IPCV Merger Sub Limited. Under this agreement, Maywood Acquisition Corp. (referred to as "SPAC" in the filing) agreed to a two-step merger structure:

• First, SPAC will merge with and into PubCo, with PubCo continuing as the surviving company.
• At least one business day later, Merger Sub will merge with and into GOWell Technology Limited, with GOWell continuing as a wholly owned direct subsidiary of PubCo.

The filing describes GOWell Technology Limited as an international company that provides well logging technologies and distributed sensing solutions for energy companies, with a multi-disciplinary research and development team and a patent portfolio. It further notes that GOWell is headquartered in Singapore and has a global manufacturing and procurement network with regional hubs in the United States, UAE and China, and regional operations covering more than 50 countries.

Upon completion of the proposed transaction, the combined company is expected, according to the proxy statement, to operate as GOWell Energy Technology and to trade on Nasdaq under the ticker symbol "GOW", subject to satisfaction of listing requirements. The Business Combination Agreement and related terms, including conversion of securities, redemptions and earnout arrangements, are described in detail in the company’s 8-K.

Name change to Inflection Point Acquisition Corp. V and ticker change

Subsequent filings report that shareholders approved a change of the company’s name from "Maywood Acquisition Corp." to "Inflection Point Acquisition Corp. V". An 8-K dated November 24, 2025 states that this name change took effect on November 19, 2025. In connection with the name change, the company disclosed that its Class A ordinary shares, units and rights would begin trading under the symbols "IPEX", "IPEXU" and "IPEXR", respectively, beginning on November 25, 2025, while the CUSIP numbers of the securities would remain unchanged.

According to the definitive proxy statement and related 8-Ks, the name change and related amendments to the memorandum and articles of association were approved at an extraordinary general meeting of shareholders. The proxy materials explain that the name change reflects that the company is led and backed by the management team of Inflection Point Asset Management, following a securities transfer agreement involving the company’s sponsor.

Trading history and shareholder considerations

From the disclosures provided, the company’s securities were initially listed on Nasdaq under the symbols MAYAU (units), MAYA (Class A ordinary shares) and MAYAR (rights). After the shareholder-approved name change, trading of the company’s securities transitioned to the symbols IPEX, IPEXU and IPEXR on Nasdaq as of November 25, 2025, as reported in the 8-K. These changes are historical facts documented in the company’s SEC filings.

As a SPAC, Maywood Acquisition Corp.’s public filings and proxy materials emphasize shareholder rights related to voting on the proposed business combination and the ability to redeem public shares for a pro rata portion of the trust account in connection with the completion of an initial business combination or the company’s liquidation date, as described in the definitive proxy statement. The filings also describe the process for approving corporate actions such as the name change and amendments to the memorandum and articles of association under Cayman Islands law.

Position within the financial services sector

Within the financial services sector, Maywood Acquisition Corp. is classified in the shell companies category, reflecting its status as a blank check company formed to pursue a business combination rather than to operate an existing business. Its activities, as described in SEC filings and press releases, center on capital raising through an initial public offering of units, maintaining a trust account, and negotiating and executing a Business Combination Agreement with an operating company in the energy technology space.

Historical context for the MAYA ticker

The ticker symbol MAYA historically referred to the Class A ordinary shares of Maywood Acquisition Corp. on Nasdaq. With the company’s name change to Inflection Point Acquisition Corp. V and the subsequent change in trading symbols to IPEX, IPEXU and IPEXR, the MAYA symbol represents a prior phase in the company’s history. Investors researching the MAYA symbol are typically examining the SPAC’s formation, its initial public offering of units, its structure of shares and rights, and the steps leading up to its business combination with GOWell Technology Limited and its rebranding under the Inflection Point name.